Tucson Mall, the biggest shopping center in the Tuson area, is expected to lose one of it’s biggest department stores.
Next year, Macy’s, one of the main anchors of the mall, could be shutting down as the retail giant struggles to cope with online competition and slow sales.
Earlier this year, the retail giant announced it’s decision to close 100 stores nationwide. According to Morningstar Credit Ratings LLC, the Tucson Mall location is one of the 28 most vulnerable to closure due to it’s performance and reported sales less than Macy’s national average.
The chain has a second Tucson location at Park Place Mall.
There is some community concern over how Tucson Mall, owned by General Growth Partners, will survive the loss of Macy’s and keep traffic flowing into the mall.
With the possible closure, shoppers should keep their eye open for sales and discounts on clothing, housewares and more at Macy’s in the next few months.
Tucson Mall opened in 1982 and is currently the largest indoor shopping mall in the city, located at the corner of North Oracle Road and Wetmore Road. General Growth owns Park Place mall as well, and combined the two malls are the biggest generators of sales-tax in Tucson.